NY > Richfield
Richfield, NY 13439,8 Lake ST
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Richfield, NY 13439,8 Lake ST
Richfield, NY 13439,8 Lake ST
Richfield, NY 13439,8 Lake ST
Richfield, NY 13439,8 Lake ST
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CB Faith Broker

CB Faith Broker

$ 120,000
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Pending

8 Lake ST Richfield, NY 13439

5,880 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Pending

Purchase Type For Sale

Square Footage 5,880 sqft

Price per Sqft $20

MLS Listing ID S1651369

Construction Status Existing

HOA Y/N No

Year Built 1950

Annual Tax Amount $2,810

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 43X0

Property Sub-Type Business

Property Description

An outstanding opportunity for investors seeking both immediate income and future development potential. This offering includes two separate parcels: a fully rented five-unit building and an adjoining vacant lot, providing flexibility for expansion, added parking, or long-term appreciation.

The building features a desirable mix of units:
Two 1-bedroom apartments
Three 2-bedroom apartments

Well-maintained and consistently leased, the property delivers strong, reliable cash flow. The additional lot opens the door to further value creation-whether you explore new construction, green space, or extended tenant amenities.

Located in a convenient and high-demand area, this package is ideal for both seasoned investors and those looking to strategically grow their portfolio.

Location

State NY

County Otsego

Area Richfield Springs-Village-365601

Zoning 1

Rooms

Basement Full

Interior

Heating Electric, Gas, Baseboard, Hot Water

Inclusions Building Only, Land and Building

Fireplace No

Exterior

Utilities Available Sewer Connected, Water Connected

Roof Type Shingle

Total Parking Spaces 8

Building

Lot Description Irregular Lot

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Block,Wood Siding

Construction Status Existing

Schools

School District Richfield Springs

Others

Tax ID 365601-025-005-0001-030-000-0000

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1651369

Listed by Coldwell Banker Faith Properties Il
CB Faith Broker

CB Faith Broker

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This could be the one!

8 Lake ST

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